Liechtenstein: trust the change - STEP

STEP Swiss European Annual Conference© Liechtenstein TourismLiechtenstein Trust & Estate Practitioners International Forum10.00 | Peter Pexton, Chairman of STEP Vaduz CentreOpening speech by the Chairman of Step Vaduz Centre10.10 | Dr. Klaus Tschütscher, Prime Minister of thePrincipality of LiechtensteinTrust the change - new perspectives for the Liechtenstein financial centrein the 21 st centuryLiechtenstein international fiscalrelations – a new eraPanel discussions10.30 | Marco Felder, Director, Steuerverwaltung,VaduzDr. Katja Gey, Coordinator of the Governmentfor international negotiations in financial andtax matters, VaduzCharles Edward Falk, Attorney at law,Mendham, New JerseyDr. Thomas Nigg, Vice President of theLiechtenstein Trustees Association, VaduzWhat is the impact of the recent developments? What future developmentto expect?What are the consequences of the commitmentto comply with article 26 of the OECD model conventionon exchange of information?How will be the fiscal relations and the exchangeof information in practice with Germany?How will be the fiscal relations and the exchangeof information in practice with the USA?What solutions regarding the clients withundeclared funds?What are the objectives of the European Union?What are the new ideas of the US tax administrationand the US Congress to combat fraud and offshorecentres?Dr. Christian Pelz, Partner, Noerr LLP, MunichExchange of tax information in practice: how will the new rules be implementedby the tax administration and by the financial intermediaries?What are the precise conditions demanded byLiechtenstein to accept an information requestfrom a foreign country? What information willbe exchanged?How can the financial intermediaries adapt theirorganisation and procedures to the new rules ofexchange of information?What are the consequences with the clients?Should the client be informed?Does the client have the right to be informedabout an exchange of information regardinghis account? Could the client sue the bank forexchanging information?Should the financial intermediaries investigateon the tax compliance of their clients and towhat extent? Can the intermediaries be consideredliable for helping the client to hide his money andavoid taxes?12.30 | Dr. Stephan Ochsner, CEO, Kaiser Ritter PartnerTrust Services, VaduzLunchSponsored by